Pages:
Author

Topic: Bitcoin prize is dropping? - page 3. (Read 2343 times)

legendary
Activity: 1036
Merit: 1000
July 31, 2016, 07:48:16 AM
#12
On Jun 18, 2016, we hit a high of $789. Ever since then, we've been dropping. Yesterday's drop to 635 is just a part of bitcoin being bitcoin, that is it behaves just the opposite of what most people expect it to do. Some of the bulltards above boasted of $20K bitcoin price after the halving. If we were in 2013, they might have been right; however, we're not in 2013, we are now in 2016. Times are different, the market dynamics are different. Bitcoin fundamentals have proven to be weak, the core developers are weak minded and incompetent. Satoshi's little experiment may be coming to be an epic failure.
hero member
Activity: 686
Merit: 500
July 31, 2016, 07:45:58 AM
#11
First you should correct the title replace prize with price Wink maybe after you would be able to know there is nothing to be worry about it, it's just normal into crypto world and I'm pretty sure it can be get recovered just in few hours, because nobody can know what is going to happen.
legendary
Activity: 1946
Merit: 1007
July 31, 2016, 07:25:54 AM
#10
There have been some extremely boring weeks for bitcoin, so a price move was in the making for some time now. It has only dropped about 25 usd so far, it might go a bit further though, maybe another 25 or so. Atleast, I don't think this was the only movement we are going to see.

If price drops 100 or more in an hour, than it might be time to start looking for a reason, although you are probably too late by then.
legendary
Activity: 896
Merit: 1000
July 31, 2016, 06:49:46 AM
#9
there is nothing to worry about. it's a drop in the price that was expected by quite some people. the market is calm without anything to spark the action. people dump their coins out of boredom.
legendary
Activity: 1652
Merit: 1000
July 31, 2016, 06:38:20 AM
#8
i have no idea to explain what reason to make bitcoin prices dropping today but on my thought this is only usual movement prices and indeed after halving dates this is the low prices for bitcoin and i might to considering to buy with the current prices because maybe prices will be rise up soon
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
July 31, 2016, 06:16:54 AM
#7
just an usual price fluctuating,if price just go down a little,people will get panic and then mass selling happening,sometimes it'll up again if the price rising even a little,it's just about the time and i think there's no specific reason behind it
legendary
Activity: 1134
Merit: 1598
July 31, 2016, 06:04:38 AM
#6
You mean the BTC price; prize si something you can win in a giveaway while price is the value of something (food, clothes, currency, etc).

The price going down and up is something normal with BTC. You can check the live price chart and see how the price fastly changed in the last years. That's exactly why BTC is a great trading currency. However, even with the price dropping tens of bucks a day, you'll see soon a HUGE increase. I'm expecting a $1k price in the following year.
legendary
Activity: 3080
Merit: 1500
July 31, 2016, 06:03:59 AM
#5
It is not just bitcoin...most of the currencies' price are dropping. But I think it is pretty normal for bitcoin. probably most of the traders are selling their bitcoin just to book profits and due to the high sell volume, the price is dropping.

But I am sure there's nothing to panic about. It will come back to normal soon.
sr. member
Activity: 280
Merit: 253
July 31, 2016, 06:01:52 AM
#4
hello everyone. I just want to know what maybe the reasons,why the btc prize is dropping?and after the halving. it did not even increase as more bitcoin users is expecting. So please educate me about this. thank you.

nobody really knows and every explanation given is just a more or less wild guess. this things happen a lot with bitcoin, but also with other assets. although with bitcoin this seem to happen more often than with fiat currencies, which is the reason many people think bitcoin is not stable enough to become a widely used currency. but that is also just an opinion.   
hero member
Activity: 518
Merit: 500
July 31, 2016, 05:57:56 AM
#3
hello everyone. I just want to know what maybe the reasons,why the btc prize is dropping?and after the halving. it did not even increase as more bitcoin users is expecting. So please educate me about this. thank you.
you are shocked seeing the prices go down, it's something really normal in bitcoin experiencing price hikes or price down around $ 40.
legendary
Activity: 1260
Merit: 1019
July 31, 2016, 05:55:08 AM
#2
why the btc prize is dropping?
you should ask why the price have to rize [after the halving]?  Grin
full member
Activity: 136
Merit: 100
July 31, 2016, 05:36:54 AM
#1
hello everyone. I just want to know what maybe the reasons,why the btc prize is dropping?and after the halving. it did not even increase as more bitcoin users is expecting. So please educate me about this. thank you.
Pages:
Jump to: